Finra ordered a dozen firms to pay restitution and fines totaling $6.7 million for failing to give clients discounts for large purchases of unit investment trusts.
Fines, levied in July and August, top $500,000; Voya Financial takes biggest hit
For many retirees, the conventional way of thinking may not be the most tax-efficient.
For those looking for more than just account-level “multiple choice” investing, there's no substitute for an adviser.
The measures, which affect 401(k) and IRA limits and beneficiary withdrawals, have been proposed in previous budgets to no avail, but still worry financial industry groups.
The research firm was acquired to help TD better deliver big data capabilities to RIAs.
Flurry of legislative efforts to kill the controversial rule likely to fail, and the rule is a question of when, not if.
Independent financial advisers should heed two upcoming rules that may require operational changes, as well as recognize the overall aggressive regulatory environment coming out of the SEC.
While the House has been active considering similar legislation, this marks the first time the Senate is jumping into the fray.
The two bills would require Congress to approve the rule. Fight on a best-interests standard is now split straight down party lines.
New software helps advisers maximize spendable income for clients.
Retail robos have a lot to offer investors, but are they really as good as they seem?
Implementing the standard on retirement accounts could reduce annual revenues by more than twice current estimates, according to a Morningstar report.
Think small data, mobile strategies, more virtual advisers and yes, robos.
The REIT czar is not selling his real estate management business to the private equity giant.
But the Social Security Administration still has no guidelines for file-and-suspend deadlines.
A new study finds about 13 million Americans have squirreled away a checking, savings or credit-card account from live-in partners.
T3's Bruckenstein says more than 20% don't use it, while another 20% think they do but really don't.
Banks are watching wealthy clients flirt with robo-advisers, and that's one reason the lenders are racing to release their own versions of the automated investing technology.
